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401(k) Plans & Corporations: Return the Employee Contribution Census to the Program

February 10, 2021

If you sponsor a 401(k) plan and/or your firm is a corporation: Return the Employee Contribution Census to the Program.

  1. Check, correct and complete the Employee and Contribution Census after receiving it via email from the Program.
  2. If you have not previously provided the Program with a participant’s termination or rehire date, or your newly eligible employees, use the census to do so.

Census Materials: What Are They Used For?
The census materials help the Program gather information it needs to take certain actions you request, such as:

  • 401(k) plan nondiscrimination testing (if applicable)
  • Contribution calculation
  • Top-heavy testing

To keep your information up to date, we ask that you complete and return the census. If you have not previously provided the Program with a participant’s termination or rehire date, use the census to do so.

For more information on compliance testing, please visit the “Compliance and Communications” section of our online Plan Administrator Guide at www.abaretirement.com/ePAG/compliance-communications/.

To add this deadline to your Outlook calendar just click this link and save the meeting reminder: https://voyadelivers.com/aba/ics/2021/02102021_census.ics

Details

Date:
February 10, 2021

Other

User Type
Plan Admin
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